Accounting & Tax
Business financial statements & tax returns
Every business needs its accounts finalised and its tax return lodged each year. Business Mantra Accountants prepares your financial statements and income tax return, whatever your business structure, and explains what the numbers mean for you.
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Business Mantra Accountants
Chartered accountants and business advisors
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Who it’s for
Companies
Private companies that need annual financial statements and a company tax return.
Trusts and partnerships
Family trusts, unit trusts and partnerships, including distributions to beneficiaries or partners.
Sole traders
People in business on their own, whose business income goes in their individual return.
What’s included
Financial statements
Year-end profit and loss statement and balance sheet.
Tax return
The company, trust, partnership or sole trader tax return, prepared and lodged.
Tax explained
What you owe or get back, and any pay-as-you-go instalments.
Review
A conversation about the results and anything to plan for next year.
How it works
Send your records
Bank statements, sales, expenses, loans, assets and payroll details, or access to your accounting software.
Accounts finalised
Your records are checked and the financial statements prepared.
Return checked with you
You go through the tax return and statements before they are signed.
Lodged with the ATO
The return is lodged and you’re told what to pay and when.
Good to know
Registered tax agents
Only registered tax agents can charge a fee to prepare and lodge tax returns. You can check any agent on the Tax Practitioners Board register.
Keep your records
The ATO generally expects business records to be kept for five years.
Questions
Can’t find your answer? Ask us and we’ll pass your question to the right business.
Answers are general information, not personal advice.
Reviewed by a registered tax agent at Business Mantra Accountants · Last updated 6 October 2026
Insights
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Accounting & Tax
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Important information
General information only: it does not take your personal circumstances into account.
Services described here may be subject to eligibility, professional registration or licensing requirements. Confirm the relevant scope and documents directly with Business Mantra Accountants before proceeding.
Next step
Ready to talk aboutBusiness financial statements & tax returns?
Tell us a little about your situation and we’ll pass it to the Business Mantra Accountants team.
